Furniture Exhibitions (Scotland) Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC107412 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Furniture Exhibitions (Scotland) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Dymond

B Kay

SECRETARY:

R Dymond

REGISTERED OFFICE:

c/o Campbell Dallas LLP

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

REGISTERED NUMBER:

SC107412 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

FIXED ASSETS

Tangible assets

2

34

42

CURRENT ASSETS

Debtors

3,813

940

Cash at bank

66,034

53,079

69,847

54,019

CREDITORS

Amounts falling due within one year

4,099

4,426

NET CURRENT ASSETS

65,748

49,593

TOTAL ASSETS LESS CURRENT LIABILITIES

65,782

49,635

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

65,780

49,633

SHAREHOLDERS' FUNDS

65,782

49,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 September 2015 and were signed on its behalf by:

R Dymond - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the invoiced amount of services provided, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

Deferred tax

Deferred tax is provided at the average rates that are expected to apply when the timing differences

reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences

arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred

tax assets and liabilities are not discounted.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

1,091

DEPRECIATION

At 1 April 2014

1,049

Charge for year

8

At 31 March 2015

1,057

NET BOOK VALUE

At 31 March 2015

34

At 31 March 2014

42

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2